Komori
Earnings2375GiG Works Inc.Information and Communications, Services and Others

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending October 2026 (Japanese GAAP) (Consolidated)

For the first 9 months, revenue increased 3.7% year on year to ¥17,326 million, while operating income and ordinary income both turned profitable from losses in the same period of the previous year. Meanwhile, profit attributable to owners of the parent fell 94.7% to ¥9 million.

Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
94.7
% decrease (profit attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 November 2025 to 31 July 2026ConsolidatedJapanese GAAP
Net Sales17,326¥ millionYear on year +3.7%Progress 75.3%
Operating profit370¥ millionProgress 92.5%
Ordinary income160¥ millionProgress 88.9%
Net income attributable to owners of the parent9¥ millionYear on year -94.7%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥0.50
Financial position at period-end
Total assets7,933¥ million
of which net assets 2,716 ¥ millionEquity ratio 33.1%vs. prior year-end -1.5pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenueOn-Demand Economy Business ¥9,048 million (YoY +17.9%), Web3 Services Business ¥347 million (YoY +556.3%), System Solutions Business ¥4,155 million (YoY +17.3%), Sharing Economy Business ¥4,315 million (YoY -7.7%)
Segment profitOn-Demand Economy Business ¥661 million (YoY +56.2%), Web3 Services Business ¥-25 million, System Solutions Business ¥552 million (YoY -9.0%), Sharing Economy Business ¥292 million (YoY -48.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥23,000 million (YoY +3.3%)
Operating profit¥400 million
Ordinary income¥180 million
Profit attributable to owners of the parent¥50 million (YoY -81.6%)
Annual Dividend Forecast¥2 → ¥2(0.0%)
Factors Behind Changes in Business Performance

In the On-Demand Economy business, the company captured demand for various projects, expanded direct transactions with major corporate groups and improved contact center profitability. In the Web3 Services business, it launched AI talent development training, while the System Solutions business expanded projects and secured multiple contract-based orders. The Sharing Economy business declined due to the reversal of the revenue recognized in the same period of the previous year from the completion of real estate sale transactions. A ¥213,541 thousand valuation loss on cryptoassets was recorded as a non-operating expense.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社spacetimes / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment loss非開示
Breakdown of extraordinary income (loss)Extraordinary income Reversal of asset retirement obligations ¥749 thousand, Penalty income ¥40,000 thousand, Gain on reversal of subscription rights to shares ¥1,990 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥5,354 thousand
Depreciation and amortization¥289,651 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End22,127,985 Shares
Treasury Shares at Period-End2,236,305 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 November 2025 to 31 July 2026
Net Sales¥17,326 million (YoY +3.7%)
Operating profit¥370 million
Ordinary income¥160 million
Profit attributable to owners of the parent¥9 million (YoY -94.7%)
Net income per share¥0.50
Equity ratioEnd of the current fiscal period 33.1 / End of previous period 34.6
Total assets¥7,933 million
Net assets¥2,716 million
Full-year earnings forecastNet Sales ¥23,000 million (YoY +3.3%) / Operating profit ¥400 million / Ordinary income ¥180 million / Profit attributable to owners of the parent ¥50 million (YoY -81.6%)
Annual Dividend Forecast¥2 → ¥2(0.0%)
Segment revenueOn-Demand Economy Business ¥9,048 million (YoY +17.9%), Web3 Services Business ¥347 million (YoY +556.3%), System Solutions Business ¥4,155 million (YoY +17.3%), Sharing Economy Business ¥4,315 million (YoY -7.7%)
Segment profitOn-Demand Economy Business ¥661 million (YoY +56.2%), Web3 Services Business ¥-25 million, System Solutions Business ¥552 million (YoY -9.0%), Sharing Economy Business ¥292 million (YoY -48.9%)
Depreciation and amortization¥289,651 thousand
Impairment loss非開示
Breakdown of extraordinary income (loss)Extraordinary income Reversal of asset retirement obligations ¥749 thousand, Penalty income ¥40,000 thousand, Gain on reversal of subscription rights to shares ¥1,990 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥5,354 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社spacetimes / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End22,127,985 Shares
Treasury Shares at Period-End2,236,305 Shares
Factors Behind Changes in Business PerformanceIn the On-Demand Economy business, the company captured demand for various projects, expanded direct transactions with major corporate groups and improved contact center profitability. In the Web3 Services business, it launched AI talent development training, while the System Solutions business expanded projects and secured multiple contract-based orders. The Sharing Economy business declined due to the reversal of the revenue recognized in the same period of the previous year from the completion of real estate sale transactions. A ¥213,541 thousand valuation loss on cryptoassets was recorded as a non-operating expense.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the On-Demand Economy business, the company captured demand for Windows replacements, GIGA School projects, surveys and tablet-based POS systems. Direct transactions with major corporate groups increased, and contact center profitability improved. In the System Solutions business, expanded projects and multiple contract-based orders contributed to earnings, while AI talent development training contributed to earnings in the Web3 Services business. Meanwhile, due to fluctuations in cryptoasset prices, the company recorded a ¥213 million valuation loss on cryptoassets as a non-operating expense.

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Summary of Financial Results for the Third Quarter of the Fiscal Year Ending October 2026 (Japanese GAAP) (Consolidated) | GiG Works Inc. (2375) timely disclosure | Komori